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Trendlines with Breaks by LuxAlgo MT5

Indicator Name: Trendlines with Breaks [LuxAlgo]

Overview: The Trendlines with Breaks [LuxAlgo] indicator provides traders with pivot point-based trendlines that highlight real-time breakouts. This tool is highly customizable, allowing users to adjust the steepness of trendlines, choose different slope calculation methods, and receive alerts on trendline breakouts.

Key Features:

  • Pivot Point-Based Trendlines: The indicator automatically generates trendlines based on pivot points, providing a clear visual guide to support and resistance levels.
  • Real-Time Breakouts: Trendline breakouts are detected in real-time, offering immediate insights without the risk of backpainting. This ensures that traders are alerted to potential trading opportunities as they occur.
  • Customizable Slope and Steepness: Users can control the steepness of the trendlines and select from various slope calculation methods, which include:
    • ATR (Average True Range): Provides a consistent slope across trendlines, offering a stable reference for trend analysis.
    • Stdev (Standard Deviation): Utilizes standard deviation for slope calculation, potentially creating more varied trendline angles.
    • Linreg (Linear Regression): Uses the slope of a linear regression, which may result in significantly different trendline behaviors.
  • Non-Repainting Option: While trendlines may repaint by default, users can disable this feature in the settings to maintain static trendlines for analysis.
  • Integrated Alerts: The indicator includes built-in alerts for trendline breakouts, ensuring traders are notified of key market movements.
  • Buffer for EA: provides signal buffers for the expert advisor integration
  • Alert : Send push notification, email and alert

Designed For:

  • Technical Analysts: Ideal for traders who rely on trendline analysis to identify breakout points and infer future price movements.
  • Customization Enthusiasts: Suitable for traders who prefer to tailor indicators to their specific strategies, with a range of options for slope calculation and trendline steepness.


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Receba a sua atualização diária do mercado com detalhes e screenshots através do nosso Morning Briefing aqui no mql5 e no Telegram ! O Volume FX é o PRIMEIRO e ÚNICO indicador de volume que fornece uma visão REAL do sentimento do mercado do ponto de vista de um corretor. Ele fornece uma visão incrível de como os participantes do mercado institucional, como corretores, estão posicionados no mercado Forex, muito mais rápido do que os relatórios COT. Ver essas informações diretamente no seu gráfi
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XQ Indicator MetaTrader 5
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3 (2)
Indicadores
Step into the realm of Forex trading with confidence and precision using XQ, a cutting-edge Forex indicator designed to elevate your trading game to unprecedented heights. Whether you're a seasoned trader or just stepping into the world of currency exchange, XQ Forex Indicator empowers you with the insights and signals needed to make informed trading decisions. The signal conditions are a combination of three indicators, and XQ Forex Indicator only display  medium and long-term trends . The ind
Noize Absorption Index
Ekaterina Saltykova
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Noize Absorption Index - is the manual trading system that measures the difference of pressure between bears forces and bulls forces. Green line - is a noize free index that showing curent situation. Zero value of index shows totally choppy/flat market.Values above zero level shows how powerfull bullish wave is and values below zero measures bearish forces.Up arrow appears on bearish market when it's ready to reverse, dn arrow appears on weak bullish market, as a result of reverse expectation.
Golden Spikes Premium
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5 (1)
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5 (1)
Indicadores
Tendência do ouro - este é um bom indicador técnico de acções. O algoritmo do indicador analisa o movimento do preço de um ativo e reflecte a volatilidade e as potenciais zonas de entrada. Os melhores sinais do indicador: - Para VENDER = histograma vermelho + ponteiro SHORT vermelho + seta de sinal amarelo na mesma direção. - Para COMPRAR = histograma azul + ponteiro LONGO azul + seta de sinal aqua na mesma direção. Vantagens do indicador: 1. O indicador produz sinais com elevada pr
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Versão 2.0 2024.08.26
alert feature added